$4,400

Avg. Federal Grant

$3,400

Avg. Federal Loan

$127,600

Total Aid Awarded

Beauty Technical College Inc Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

55%

Total Aid Amount Average Total Aid Awarded per year.

$127.600K

Financial Aid Official Website

N/A

As many as 92% of the students at BTCI receive some kind of financial aid, shows the latest data. The total percentage of candidates applying to Beauty Technical College Inc who receive the Federal Grant is 92%. Meanwhile, 92% of the applicants receive the Student Grant, while 92% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,400. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At BTCI, an estimated number of 15% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

74%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

74%

Average Aid Awarded

Federal Grant Aid

$4,400

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,400

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,600

$30,001 - $48,000

$3,450

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Beauty Technical College Inc

Average Loan Amount Average Loan Amount received per year.

$3,400/Year

Students Taking Out Loans

13%

Loan Default Rate

37.5%

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